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'Self Help Groups need bank loans to survive'

-The Times of India   HAZARIBAG: Bikram Kumar Das, deputy general manager, Nabard in Ranchi said unless banks provide loans to women self help groups formed in 18 of the 24 districts in the state, the purpose to make them self reliant will be defeated. Speaking at a press conference on Sunday, he said despite Nabard providing funds through NGOs, banks are not sanctioning loans to the self help groups. Although these women's...

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Nabard supports 46 projects to create rural jobs-Gireesh Babu

-The Business Standard   Of the 46 projects, some have been scaled up after completion of pilot projects Chennai: The National Bank for Agriculture and Rural Development (Nabard) has supported 46 innovative projects, through its Nabard-SDC Rural Innovation Fund (RIF), as on February 2014. The fund was set up jointly with the Swiss Agency for Development and Co-operation (SDC). These projects were sponsored so as to create more jobs in the rural areas...

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Cong fails to capitalise on MGNREGS success in TN -R Sathyanarayana

-Deccan Herald   Chennai: Once the source of her livelihood, the farmland 51-year-old Vellamal owns in Kallupatti village near Tamil Nadu's Karur district has gone completely dry in the last one year due to monsoon failure. The rapidly depleting groundwater forced her to abandon agriculture and Vellamal, left high and dry, signed up to Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). Now, the scheme feeds her entire family. As Deccan Herald toured...

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Heat takes a toll on Mahatma Gandhi National Rural Employment Guarantee Scheme workers -V Kamalakara Rao

-The Times of India   VISAKHAPATNAM: The deadly duo of scorching heat and poll fever is taking its toll on the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the three north coastal districts of Srikakulam, Vizianagaram and Visakhapatnam. According to the reports, while nearly 400 NREGS workers have fallen sick in the last two weeks due to their punishing double duty under extreme weather conditions -- NREGS works...

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The political economy cycle in India-Pramit Bhattacharya

-Live Mint     As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...

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